Update: Heller Ehrman dissolves tomorrow

The news was announced by Chairman Matt Larrabee at a meeting that began at 1 p.m., according to a Heller staffer attending the meeting.

Larrabee told all attorneys and staff that dissolution is unavoidable and that the partnership will voluntarily dissolve. Staff will be paid on Friday, Larrabee said, and indicated that under the federal WARN Act, associates and staff would be paid for the next 60 days. A small group of staff would remain beyond that date to handle the winding down of the firm’s business.